News
Flagstone adds $50m to buyback program
Flagstone Reinsurance said on Tuesday that its board has added $50m to its share-repurchase program.
Henderson Insurance recruits to further expansion plans
Henderson Insurance has added to its staff, and confirmed plans to expand further from the Manchester office of recently-acquired subsidiary UK Credit Insurance Specialists.
QBE raids Allianz for new broker manager
QBE has appointed Judy Holt to the newly created role of manager, broker development, to support the continued expansion of QBE’s offering in the UK and Ireland.
BIBA 2010: Evolution ties up risk management deal
Evolution Underwriting Group has launched an initiative with the aim of providing its brokers and policyholders with exclusive deals on an online range of products from Cardinus Risk Management.
BIBA 2010: Lexicon exec hails insurance broker resilience
The insurance broking sector has performed at a “remarkable” level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event at the British Insurance Brokers' Association…
BIBA 2010: Insurers and brokers warned over "cancerous" credit hire issue
Delegates were warned yesterday that if the industry does not address the issue of credit hire, it will get even more “cancerous” and ultimately ruin the insurance industry’s reputation.
Ex-Aviva public affairs head urges Tory colleagues not to scrap IIWG
The former head of public affairs at Aviva and new Conservative MP Tracey Crouch, believes the Insurance Industry Working Group report should not simply be scrapped because of a change of government.
QBE raids Allianz for new broker manager
QBE has appointed Judy Holt to the newly created role of manager, broker development, to support the continued expansion of QBE’s offering in the UK and Ireland.
UK Broker Awards opens call for entries
The 2010 UK Broker Awards are open for entries. Now in their 17th successful year, the awards are the UK's only broker-focused industry ceremony, recognising excellence and innovation in the sector, from small local brokers to strong regional and…
Groupama launches online PI offering
Groupama will target business from the major professional indemnity insurers after launching its first standalone PI product aimed at small to medium-sized enterprise businesses.
Quinn's CEO quits
Colin Morgan, chief executive office of Quinn Insurance, has decided to leave the company to pursue other opportunities.
Performance - Shareholder returns: Cut to the core
Jonathan Hughes examines the findings of recent analysis of insurer shareholder returns and finds that big is not necessarily better.
Omega sees Q1 GWP growth
(Re)insurer Omega Insurance Holdings has reported an 18% growth in GWP for the first quarter of 2010 to $124.5m (2009: $105.5m.)
Quinn's CEO quits
Colin Morgan, chief executive office of Quinn Insurance, has decided to leave the company to pursue other opportunities.
BIBA 2010: Hiscox launches commercial schemes team
As part of Hiscox's drive for profitable growth of its commercial book it has launched a dedicated schemes team.
Clear opens City office after F&L acquisition
Clear Insurance Management has opened a new office in the City of London as part of its growth plans.
Reinsurers being pushed into M&A – Becker
Marty Becker, chief executive officer of Alterra Capital, said reinsurers are pushed to consider mergers and acquisitions by clients and investors, who prefer carriers with larger capital bases.
MMA products via SSP
MMA is to make its master tradesman and offices and surgeries products available with SSP.
Quinn plan handed in
A new business plan for Quinn Insurance to re-open its commercial insurance lines in the UK was handed to the Financial Regulator last week.
BIBA 2010: Ecclesiastical launches online care and charity platform
Over half of British insurance brokers believe that using an online platform to trade with carriers will help them retain commercial insurance business that would otherwise go direct, according to a survey by Ecclesiastical.
BIBA 2010: BIBA Young Broker named
The British Insurance Brokers' Association has named Victoria Parry of Hugh J Boswell as its Young Broker of the Year and Mike Cowburn of Towergate as winner of the Francis Perkins Award.
BIBA 2010: Willis CEO questions FSA's "grandfathering" of Quinn
Willis chief executive Joe Plumeri has questioned the Financial Services Authority's role in the problems revolving around Quinn Insurance.
Bowring Marsh opens Tokyo office
Bowring Marsh, the specialist international placement broker at Marsh, has expanded its footprint in Asia with the opening in Tokyo of its eighth office.
BIBA 2010: Open GI launches online quote and buy for SMEs
Open GI has launched Ebroker for Open Trader, a new online quote and buy solution the firm claims will enable brokers to sell SME products to clients via the web.